KPMG report: Employers helping employees—disaster relief

Approaches that employers may want to consider for assisting employees in times of need

Approaches that employers may want to consider for assisting employees in times of need

When a disaster strikes, employers often want to help their affected employees.

Although employer-provided assistance raises tax questions, it may be possible for employers to make certain payments, implement reimbursements, and offer other forms of help, so that some or all of the employer-provided assistance is non-taxable, but nonetheless deductible.

Read a July 2021 report [PDF 172 KB] prepared by KPMG LLP that discusses those possibilities, as well as other approaches that employers may want to consider for assisting employees in times of need: What’s News in Tax: Employers Helping Employees—Disaster Relief

 

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